Economics Lesson: The value of cash

The economist John Kenneth Galbraith was fond of observing that, although people enjoy it when their plumbers, politicians, and other professionals make jokes, “no one wants a funny banker.” He expressed this more formally in the book Money: Whence It Came, Where It Went:

Money is, to most people, a serious thing. They expect financial architecture to reflect this quality — to be somber and serious, never light or frivolous. The same, it may be added, is true of bankers. Doctors, though life itself is in their hand, may be amusing. In Decline and Fall Evelyn Waugh even has one who is deeply inebriated. A funny banker is inconceivable. Not even Waugh could make plausible a drunken banker.

Now an American finance company — the company may be akin to, but technically is not a bank —  called CashForGoldUSA.com is challenging this belief. Click on the image to see one of their advertisements.

(Thanks to investigator Al Keyes for bringing this to our attention.)